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Inflation likely to spike in coming months after costs appeared to cool in 2026

Oil price spikes from Persian Gulf conflict could raise U.S. inflation by up to 0.9% in March, complicating Federal Reserve policy decisions on interest rates.

Summary by LancasterOnline
Inflation likely was elevated last month even before the spike in oil and gas prices of the past two weeks that is expected to send consumer costs soaring in the months ahead. Consumer prices are forecast to have risen 2.5%…

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Inflation likely to spike in coming months after costs appeared to cool in 2026

Inflation likely was elevated last month even before the spike in oil and gas prices of the past two weeks that is expected to send consumer costs soaring in the months ahead

·United States
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abc News broke the news in United States on Tuesday, March 10, 2026.
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